3 Bed Terraced House, Single Let, Lancaster, LA1 4BY, £190,000

Avondale Road, Lancaster, LA1 4BY - 4 months ago

Sold STC
BTL
~93 m²
+11 photos

ValuationUndervalued

Sold Prices£130K - £380K
Sold Prices/m²£1.6K/m² - £3.4K/m²

 

 

Square Metres

~93 m²
Price/m²£2K/m²

Value Estimate

£205,363
BMV8%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£47,500

Stamp Duty & Legal Fees

£6,900

Total Cash In

£54,400

 

 

Cash Out

 

Rent Range

£525 - £2,800

Rent Estimate

£554

Running Costs/mo

£725

Cashflow/mo

£-171

Cashflow/yr

£-2,047

Gross Yield

3%

Local Sold Prices

50 sold prices from £130K to £380K, average is £192.5K. £1.6K/m² to £3.4K/m², average is £2.2K/m².

PriceDateDistanceAddressBeds 
£192K06/230.05 mi71, Avondale Road, Lancaster, Lancashire LA1 4BZ3
£175K11/210.06 mi15, Newsham Place, Lancaster, Lancashire LA1 4DF3
£165K11/200.06 mi1 - 3, Newsham Place, Lancaster, Lancashire LA1 4DF3
£200K09/210.06 mi15, Somerset Avenue, Lancaster, Lancashire LA1 4BW3
£215K09/210.06 mi33, Somerset Avenue, Lancaster, Lancashire LA1 4BW3
£192K05/230.06 mi9, Somerset Avenue, Lancaster, Lancashire LA1 4BW3
£205K08/230.08 mi2, Parkfield Drive, Lancaster, Lancashire LA1 4BU3
£210K12/230.08 mi4, Parkfield Drive, Lancaster, Lancashire LA1 4BU3
£246K06/230.09 mi43, Parkfield Drive, Lancaster, Lancashire LA1 4BT3
£228K04/230.09 mi41, Parkfield Drive, Lancaster, Lancashire LA1 4BT3
£200K03/230.09 mi51, Parkfield Drive, Lancaster, Lancashire LA1 4BT3
£290K09/210.09 mi24, Belle Vue Drive, Lancaster, Lancashire LA1 4DE3
£178K09/230.1 mi21, Malvern Avenue, Lancaster, Lancashire LA1 4BP3
£205K09/230.1 mi3, Newsham Road, Lancaster, Lancashire LA1 4DG3
£192.5K09/230.1 mi24, Newsham Road, Lancaster, Lancashire LA1 4DG3
£193K11/220.11 mi52, Bowerham Road, Lancaster, Lancashire LA1 4BN3
£173K06/210.11 mi78, Newsham Road, Lancaster, Lancashire LA1 4DH3
£380K11/210.12 mi13, Belle Vue Terrace, Lancaster, Lancashire LA1 4TY3
£228K03/210.13 mi49, Rosebery Avenue, Lancaster, Lancashire LA1 4DJ3
£215K12/220.14 mi25, Bowerham Road, Lancaster, Lancashire LA1 4AA3
£173K11/200.15 mi54, Wellington Road, Lancaster, Lancashire LA1 4DN3
£204K01/240.15 mi45, Wellington Road, Lancaster, Lancashire LA1 4DN3
£174K12/200.15 mi50, Wellington Road, Lancaster, Lancashire LA1 4DN3
£180K02/240.15 mi52, Wellington Road, Lancaster, Lancashire LA1 4DN3
£130K07/230.16 mi2, Cumberland View, Lancaster, Lancashire LA1 4AB3
£190K01/230.17 mi14, West Street, Lancaster, Lancashire LA1 4UJ3
£155K08/230.17 mi18, Adelphi Street, Lancaster, Lancashire LA1 4AF3
£145K08/230.17 mi5, Adelphi Street, Lancaster, Lancashire LA1 4AF3
£240K02/230.17 mi7, Ash Grove, Lancaster, Lancashire LA1 4UH3
£290K04/230.17 mi8, Ash Grove, Lancaster, Lancashire LA1 4UH3
£257.5K07/230.17 mi9, Ash Grove, Lancaster, Lancashire LA1 4UH3
£217K11/210.18 mi80, Bowerham Road, Lancaster, Lancashire LA1 4DR3
£191.5K04/230.18 mi11, Golgotha Road, Lancaster, Lancashire LA1 3AA3
£180K07/230.18 mi38, Golgotha Road, Lancaster, Lancashire LA1 3AA3
£131K02/210.19 mi47, Graham Street, Lancaster, Lancashire LA1 4UE3
£198.1K08/210.19 mi3, Coulston Road, Lancaster, Lancashire LA1 3AD3
£192.5K02/230.19 mi4, Ulster Road, Lancaster, Lancashire LA1 4AH3
£180K12/200.2 mi16, West Street, Lancaster, Lancashire LA1 4UJ3
£187.5K11/200.2 mi20, York Road, Lancaster, Lancashire LA1 4DW3
£168K06/210.21 mi3, York Road, Lancaster, Lancashire LA1 4DW3
£212.5K01/240.22 mi69, Ulster Road, Lancaster, Lancashire LA1 4AH3
£166.5K09/210.22 mi38, Ulster Road, Lancaster, Lancashire LA1 4AH3
£210K08/230.22 mi75, Ulster Road, Lancaster, Lancashire LA1 4AH3
£192K11/210.22 mi23, Sulby Drive, Lancaster, Lancashire LA1 4UB3
£285K02/210.24 mi30, Fern Bank, Lancaster, Lancashire LA1 4TT3
£205K03/210.24 mi103, Bowerham Road, Lancaster, Lancashire LA1 4HJ3
£185K01/230.25 mi7, Hastings Road, Lancaster, Lancashire LA1 4TH3
£143K03/210.26 mi4, Devonshire Street, Lancaster, Lancashire LA1 4TQ3
£260K02/240.27 mi16, Windsor Avenue, Lancaster, Lancashire LA1 4BE3
£148K12/200.27 mi19, Victoria Avenue, Lancaster, Lancashire LA1 4SY3

Local Rents

31 rents from £525/mo to £2.8K/mo, average is £995/mo.

RentDateDistanceAddressBeds 
£92505/240.04 miAvondale Road, Lancaster3
£1,56007/240.04 mi-3
£1,00005/240.06 miSomerset Avenue, Lancaster3
£2,80002/250.08 mi-3
£53305/240.09 mi20, Newsham Road, Lancaster3
£95005/240.15 miWellington Road, Lancaster3
£1,09504/240.18 miKensington Road, Lancaster3
£99505/240.18 miKensington Road, Lancaster3
£98012/240.19 mi-3
£99505/240.2 miWest Street, Lancaster, LA1 4UJ3
£85005/240.2 miKensington Road, Lancaster, LA13
£1,09504/240.2 miKensington Road, Lancaster3
£99505/240.2 miKensington Road, Lancaster3
£99512/240.2 mi-3
£1,10003/240.21 miBowerham Road, Lancaster3
£1,20003/250.25 mi-3
£80004/240.26 miHastings Road, Lancaster, LA13
£90004/240.3 miSt. Pauls Road, Lancaster3
£1,10004/240.32 mi-3
£70004/240.34 miDorrington Road, Lancaster, LA13
£79504/240.43 miTower Court, Lancaster, LA13
£85012/240.47 mi-3
£1,05004/240.47 miAberdeen Road, Lancaster, LA13
£1,05003/240.47 mi-3
£52505/240.51 miWinchester Avenue, Lancaster, LA13
£85005/240.54 miKirkes Road, Lancaster, LA13
£2,27505/240.56 mi-3
£2,49202/250.56 mi-3
£95004/240.57 miBalmoral Road, Lancaster, LA13
£1,10005/240.57 miBalmoral Road, Lancaster3
£1,75012/240.61 mi-3

Local Area Statistics

Population in LA1

52,095

Population in Lancaster

74,075

Town centre distance

0.60 miles away

Nearest school

0.20 miles away

Nearest train station

0.93 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+34%

Sales demand

Balanced market

Capital growth (5yrs)

+16%

Property History

Listed for £190,000

November 29, 2024

Floor Plans

Description

  • Mid-Terrace House +
  • Two Reception Rooms +
  • Three Bedrooms +
  • Galley Kitchen +
  • Three Piece Bathroom +
  • Boarded loft with fold down ladder +
  • Well Presented & maintained house +
  • Private rear garden with outhouse +

This property is a well-presented three-bedroom terrace house. Entering into the handy vestibule and hallway you will find the bay-fronted living room on your right. There is a centrally positioned gas fireplace helping create a cosy atmosphere. A dining room sits to the rear of the property and offers access to the understairs storage that houses a fridge freezer. Sitting adjacent is the compact galley kitchen with white cabinets, oak effect countertops, and space for free-standing appliances. Upstairs there is a spacious landing. The master bedroom is a good double and sits to the front of the house, the second bedroom is a double and has views of the Ashton Memorial and the third is a long single bedroom. A three-piece bathroom rounds up the first floor and has white clean tiling. The attic has been fully boarded and has a good-quality wooden pulldown ladder. Outside offers a quaint rear garden that has been paved with raised planters, a hedge, and a large conifer tree. Extra information

  • uPVC Windows throughout

  • Storage Heaters installed

  • Gas fire fitted in the living room

  • The loft is fully boarded with a pull-down ladder & Velux’s window

  • Street Parking is available

EPC Rating: E

Agent Details

JD Gallagher Estate Agents, Lancaster

01524 967550

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪